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    Taxation of Individuals
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    Exam 22: S Corporations
  5. Question
    Built-In Gains Recognized 15 Years After a C Corporation Elects
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Built-In Gains Recognized 15 Years After a C Corporation Elects

Question 80

Question 80

True/False

Built-in gains recognized 15 years after a C corporation elects to become an S corporation are subject to the built-in gains tax.

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